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<br /> - ' DEED OF TRUST WITN FUTUNC�AOVIINCE6
<br /> 1'WB I�SD OF Ti1tE�T.M w�d��t d t�29th �y of_..._�rc�h .ta.93 el►and wa�l
<br /> tlNT�w10r. Goon��,�Prnc��rsi�a. In�y ' - � • ,.
<br /> .=� wlwM�WM��dd��Ms M 239 S� Lalow�ide Dc.. Grard Island� N� G�pw,�q�,M wha�►aa�a mon�
<br /> .r✓w� ' .
<br /> - -_�;"";"' tlN TnIM/�. PivQ i�Di�t_s_�7�,e�k,r_A__Neb••�II�� [��+rnnrwt iprt
<br /> ---- '� �
<br /> , ������� p o. eo�t 1507, Gra�e� I81ancl� �B 68802 ��,«T�,�'�nd
<br /> _-- ', �g�pQyy� E'ive eointa Bank � .
<br /> . ��.�
<br />"� w�����a P.O. 8ox 1507, (3rand �sland� NB 68802 ��«��.�,
<br /> ��`�f� � .
<br /> , :; °v � • Fap YALUA81,5�pIWSJpEp�T1pM,Mcludinp L�r�s�xantion of cndit WenUMd h�►Nn to Caoaey Properti�a,
<br /> ��_ t Inc (h�rNn"BoROwr►"'�whMMr one a more)and.the trust h�nin cnwd�
<br /> ,_���j,�j�,� �, ths ncNpt of whiah u Mnbp aok�owletlp�d�Trustor herWy Inevooably�anb,transNn,convay�md auipns to TrwiM,IN
<br /> --—�°��':�t�g,��l .'� '•��,� TRUST,WtTH POYYER OF SALE.Ior the benNit end s�curity of pndK andp���p ths ter�s �pn� h� �t
<br /> -__ __.___... -_.�k- IorIh.1M re�l p►oMrty.a�cnbed�s ioNowc W68t Qiie �l�! L4t FiYe t�! B7 ex-15�t![+ (�Or� Zbvrf
<br /> ��.4':�` a� Grand Ielanc7. Eiall County, [�ebraaka: Lot 8ix (6) Block OnQ 8undred �er+�y-�'ive (125) tA�ion
<br />:�� �acific Reils+ay Campany's Secon� Aci�ition to City of Grand Islar�d, Hal.l CaunC�, Nebraeka: ana.
<br /> �"� •, �f--;.'�:fi � �t.he Southerly Fitty�iVo (352) FaQt o� t,ot One (1) in Block Eight (81� Originsl �a�m of Grand _
<br />-- , ."°•r~�:; �. isianc7, Hall Crnx�ty Nebraska �
<br />�-f t.4:-� �
<br /> _ � Tope9her wfth all buildinps.knpravementa,Hxturea,4treets,alleya,paase0eways,easeme�ts,►i9hta,privlleyes and appurte-
<br /> � nances located lhare0�n or In anywise peAalninp thereto,and the rena,isfuea and prollta,rever8lons and remalndNS tlNreol,�nd
<br /> ,�:;
<br /> ' wch psreonal property lhat i�apeched to the improvemenb so as to con�titute a fiKsure,Includinp,but not Hmited to,hptlnp and
<br /> , ���,�;� • ' eoollnp puipment Md fopether with th�homeits�d or rtwritsl intereeb,II any,whlch intereela a��hereby�laqd and walv�d;all _
<br />_' ,:'�it�;�,Y;; of whlch,includlnp replacsmenb a�d addldons thereto,Is hereby deClY�id to be a pi►i o1 tha roAl afala waur�d by the Ilen of fhb =
<br /> ,. i'� ;M��! OMd of Truq and all 01 tfw forepoi�p belnp relerrod to haraln at th�"P�oporyr". =
<br />-`• ,_ti . r i����'
<br /> - � This Dosd ol Trwt 4hall�ecure(a)the paymont o1 Uw principal sum and Interest evidenced by a prombwry noto or andit
<br /> � . �:� ►' � eementd�ad March 29, 1993 .hevinpamewr�rydawot Marc�h 28, 1998 �
<br /> , �0►
<br /> " t '' ` ' •,•�i•t�j7''.��.,•�. _ —
<br /> �oq�• In the orig�nal prfncipal amcunt ol S 3�.662 59 ,and any end all modificatlona,extendona and renewals
<br /> -r ' r' ;y•�� ����' ther�ol or thereto and e�y and ell luture advancea and readvancas to 8orrower(or eny of t+hem If more ttwn one) hereunder
<br /> ., ,� r„�i�•.,
<br /> , ; 1,,�,. ;;,-�._ punuant to one or mwe promlatory notea or cred�e Afl feemente(herein called"Note"►;(b)the payment of o�er sums advanced by
<br /> ,'��`��,5�.':;,'.-��'., : Lender to protect the escurityof the Note;(c)fhe periormance ol all covenants ond apreements ol Trustor sot forth fierein:and(d)all _
<br /> fi: �,� .:•
<br /> .,.s �+,, -; present and luture indebtedness end obllyatfona ot Borrower(or any ot them II more than one)to I.ends�w?�ethar direcf,lndkect
<br /> '`, �!� ;,7c..,, absolute or condnpent end whether arisiny by note,pueranty,overdraft or otherwfae.The Note,this peed of Trust end eny and all -
<br /> .-••Y�'; �;f'���:;, other dxuenb thet eecure the Note or olherwise executed in connectlon therewlth,Includinq without IlmltaUon puarantaas,waurly
<br /> .; �.' f��:,:�. .
<br /> • ':; ,j•;,�• �pr�ements and asalpnmenb o1 IeAaes and renta,ehall be rafened to herein as the"loan Inebumenb".
<br /> L.� � � p..,•::..,_ —
<br /> � '+��t� � Trustor covenents and apreet with Lender as fdlows: _
<br /> •- ,•,�,�,� �3� '�'r.� 1, parm�nt ol UW�bUdn�a.All indebtednegs secured hereby shell be pald when due.
<br /> �" •. •�'1*�'8'�"�,�,��,��''s 2.TMI�.Trustor is the owner of the Property.�hps the rl�ht and authorily to convey the Property,and warrants thal tha Ilen
<br /> :►;. ,�1..�.`lyo,� r,•� �q -
<br /> �,��a� created hereby la a Ilrat and prlor Nen on the Pro,perty,except for Ilens and encumbrances eet forth by Trustor In writln�and
<br />- �'�; s's.�• _
<br /> ,°�.,,.��;Y�:,'i•-.t,J dNivered to Lxnder betore exeCUtlar.ct th1�Deed ot 7►u9t,and the executlon end�ie�ivw.y e1 rhiA Dewd of Truat doea iot vlolate any
<br />. ��;�:�5�'4 h'ib'e,?�":'� � ., confraCt or other obllpaUon fo whiah Truator la eubJecL
<br /> y i';; ����f ;� , 3.UxM,Au��nNrN�.To pay belore dellnquency al1 ta�ea,apecfal assesaments and all other charyea apalnat the Property
<br />. !!i:4}�(;�� '�!'�`•'•• -
<br /> h ,y���•�'',�i J,,, now or hereaRer IevlecD. _
<br /> �"yh�,(!)�.}.,�•i;,,,��,F�;,},,, 4.I�auwnc�.To keep Ihe Pioperty insured a�alnst damage by Ilre,hazarda Includetl wNhln the term"extended coverege",and �.
<br /> ���;•;r�;r.;��`������1;:'- �uCh Otlwr haza�ds a9 Leader may r6quire.In amounts 8nd with companics accepwble to Lender,neminp Lender as an Rdd81ona1 =
<br /> :�"•��,r" �r���{��t�s ' npmed inaured with loss peyeDle tm tne�.ender.ln cese of losa under such poticlea,the 4ender la authorizeq to adJuat,collect and
<br /> ��'` � •����;ti,'i�''� : compromlae,all olalms thereunder a�r1 s�afl hpvo fhe opflon of epplying all or part of the Insura�ce prviceeds(i)to any Indebtedness =
<br />-• � >����4� � eecured hereby and In 9uCh ader ea Lenaler may determine,(ii)to the Trusto�to be used tor the r�epadr or►6�tOr�tlon ol the Properry
<br /> • ��������' ,'
<br /> . � ��� �!.. • or(Nq fOr pny othe►purpose or ob�ect saGelectory to Lender without eflectlnp the uen ot thia Doetl of Tvuat ta the lull amount=ecured _
<br /> •_�,, •. ,.���-`�':�;`^,���,�-• � hereby bsfore wch payment ever took place.Any applfcetlon o1 proceeds to Indebtedness ahell not ex�entl or postpona tFw duo _
<br /> d�N ol any paymente under the Note,or cure eny delault thereunder or hereunder. -
<br /> _ �� ____�_ �.��._��....�..�.........w w„�..�da. T.ya�nr anall uay to Lender.In such manner as le�nder map deaianate,sulf�ient
<br /> �1s °=r_:,"• --• --••--• -
<br /> aums to enabte Lender to p�yasthey become due one or more o1 tht Iollowinp:(I)all texe�,�saessmenis and other cherpos ayainst
<br />. -�� � �• `y�• „ „ ths Property,(Iq lM pamiunh on tM propsrty insuranco rqui►Qd hereunder,end(iii)th�aronxum�on any mortpape m�urenco _-
<br /> ::�-. . ' rpulnd bY Lendsr. ;-
<br />-°.:i� , g, MMnqn�np�p��and CpnpY�nq wiM I.�w�.Tru�tor shall keep tho Properry�n qood cond�t�on end repair;ahall {.
<br /> - ,;,;:� ' promptly ropolr,or r�piace�ny impavemont whtcA may be demeped or doatroyed; aha{I rtot comrtpt a permlt any waste or
<br /> -= d�tsriontlon of the Properry:shaN not►anov�.d�mallah or subetanUally elter any of the�mp�o�on the Property;shal1 nof i
<br /> --� � comml�suf(w or permlt any act tobe don�Irt or upon the Properly 1n vlolaUon of any lew,ordirtance.or regWadon;and shall pay and '
<br /> �*• � ' prompdy dltcharys�t Trusta's cost and�xp�nw all Ilen�,oncumbrancw and char�es IevNd,imposed or aweswd apalnu tho �.
<br /> -.'� , ;:•..• + � 'r PropNry or any pan th�reof. f'-
<br /> - ,,:,,,.��'- i.�,ainw,t GM;�i.i,en3�ar k he:eDy:e:��s:�ati campanai�an,award�,dar��pe�and olhCr psymen�os relkst�hereinaRsr
<br />� ° � �' ' "ProcNds'9 In conneatlon wllh condemnaUOn or other taklnp ol the PropeAy or part thereof.or for conveyance fn Ifeu of condemna- �
<br /> t. �. ���`�� ' ;,; tlon.L�ndw M�II bs entlded�t Ib optbn to commence.appear In and prosecure in ita own name eny acUon or prxeedlnp�,and �t
<br /> _ �;c�°�. .� �,. thall�Iw bs�ntided to maka sny comproml�e or settlement In conMatlon wuh such teklnp or damppe.In the event any pordon ot t
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